Biržos – the subject of a trade agreement, the decision of the ECB, the results of Facebook

The main stock market indices in Western Europe rose 1% and rose on Thursday afternoon. Investors welcomed the fact that EU and US leaders have talked about trade relations. Following a meeting between Donald Trump and John Claude Juncker in Washington, the US leader, who spoke at a press conference this week, said that close cooperation would be maintained with strong relations and that, on either side, it would be only happiness. Soon, the United States and the EU will work to remove all tariffs, barriers and subsidies. The agreement also announced that the United States will not apply tariffs on cars arriving in Europe and that the United States will increase its exports of liquefied gas and soybeans to countries of the world. 39; EU.

Investors were pleased with the pre-tax and interest (EBIT) result of the previous quarter, which reached $ 1.2 billion. Eur and was 101% higher than during the same period last year. Revenues rose 8% to 14.9 billion. Eur, although only 303 aircraft have been delivered, i.e. 3 less than last year. Airbus has not changed its forecasts and plans to manufacture 800 aircraft this year, although it is facing delays from some engine suppliers

Facebook demo

Market players are not less interested in trading Facebook shares. After the company announced its disappointing results yesterday, its stock plummeted 24% in the post-trading session, with the 20% drop in Facebook's campaign today, followed by a 20% drop in sales. a slowdown to 17%. Donald Trump attacked this company on the same Twitter network after a 3% drop in Twitter's price.

Facebook managed to generate $ 13.2 billion. USD of income, i.e. 41.9% more than during the same period last year, indeed, it is the slowest growth in the last three years. Expenditure rose sharply to 7.4 billion. The USD was 50% higher than in 2017. the second quarter. This is the result of improved management of data protection. Mark Zuckerberg, the founder of Facebook, said it would add 20,000 people who would only work on security issues. Analysts at Myriad Capital said during a stock market survey

that a meeting of the ECB

took place on Thursday on the occasion of a second meeting of the Bank European Central Bank (ECB). The ECB, as expected, has not changed the underlying interest rate. Following the meeting, ECB President Mario Draghi said at a press conference that it was too early to badess the impact of the trade deal between the EU and the United States. He also noted that agreements are a positive thing, which indicates that "there is a willingness to discuss."

million. Drghi also said that the euro zone industry still needs monetary stimulus

complete the bond purchase program in December of this year. This program is half, up to 30 billion. Eur., The ECB has already been cut short since January of this year, saying it will be operational at least until September.
The ECB also said in June that the basic interest will not be raised before 2019 at least.

Pbadive Trading

The Baltic Baltic Benchmark Baltic Stock Exchange fell 0.13% per day. 243 transactions in shares on three stock exchanges were transferred for 481 thousand euros

Most transactions (24) were made by Šiaulių bankas shares, but their price remained unchanged – 0.502 EUR.

Tallinna Vesi and Apranga publish their financial results on Friday.